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This 3 sentence summary provides the key details from the document: This document is a payment draft for $2751.15 to AT&T from Joel B Citizen, with a memo indicating to apply funds to the principal of account number 121212121. As an offer of tender and discharge, this draft settles the obligation per relevant Uniform Commercial Code sections and public policy. Upon presentment and endorsement, the fiduciary collector is instructed to post any uncollected funds to the asset column of this account and charge the offer and acceptance for settlement.

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David Smith
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0% found this document useful (0 votes)
389 views1 page

Check Format Cleaned

This 3 sentence summary provides the key details from the document: This document is a payment draft for $2751.15 to AT&T from Joel B Citizen, with a memo indicating to apply funds to the principal of account number 121212121. As an offer of tender and discharge, this draft settles the obligation per relevant Uniform Commercial Code sections and public policy. Upon presentment and endorsement, the fiduciary collector is instructed to post any uncollected funds to the asset column of this account and charge the offer and acceptance for settlement.

Uploaded by

David Smith
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Payabl

ethr
ough:
JOELBCI TI
ZEN
CERTI
F I
ED FUNDS UST 15-51
.0
No 010125
1500PENNSYLVANI
A 000
Doneingoodfai
t
h AVENUE N.
W.
1234 Pl
ant
ati
onDri
ve WASHINGTON,D.C.20220 Da
te:11/
01/
2022
MYCity,MYStat
e[12345]

Payto $*
*2751.
15
theOrderof
: AT&T

TwoThousandSevenHundr
edFi
ft
yOne15/
100*
***
***
***
***
***
***
***
***
***
***
***
***
***
***
***
***
***Dollars

Aut
hor
izedSi
gnat
ure
Memo Acct#121212121 “Appl
ytopr
inci
pal
” Exempt
ion#987654321
Ref
erence:pr
epai
dpersonalit
em;exchangeacknowl
edgment
Thi
sdrafti
sanoff
eroftenderanddi
schargest
heobli
gati
onperUCC§§1-
103,1-
104,3-
603(
a)(
b),andPubl
i
cPol
i
cy-
-HouseJoi
ntResol
uti
on192ofJune5,1933.

;0010125; :520907065: 987654321;

0010125

Date Account No. Amount Previous Balance Current Balance

11/
01/
2022 121212121 $2,
751.
15

MEMORANDUM
Fi
duci
aryCol
lect
or:Postt
heuncol
l
ect
edf
undsi
ntot
heassetcol
umnoft
hisaccountandchar
get
heof
ferandaccept
anc
efor
set
tl
ement
;pr
epai
dandexemptwhenent
eredi
nthepos
t-c
losi
ngBal
ance.
Thi
ss t
atementc onst
it
utesMaker'sordert opayt hisins t
rumentuponpr es entmentandi ndorsement ,
Asanoper at
ionoflaw,Pay eetacit
lycons entsandagr eest hatt
herei
sac cordands ati
sfacti
onbyus eofthi
sinst
rumenttos at
isf
y
Payee'
sc l
aim andMak erisherebydi schargedfrom liabili
tyonthisal
l
egedac countandt heobl igati
onissuspendedinac cor
dance
wit
hlawasc odifi
edatUCC§§3- 310{b),3-3113- 603,andPubl i
cPoli
cyatHous eJ ointRes olut
ion192ofJ une5,1933
Makerdoesnotwai vetimeli
ness.Howev er,i
fPay eeneedsaddi ti
onalt
ime,Pay eemus tpres entMak erwit
hawr it
tenrequest
f
oraddit
ionalti
mewi t
hinar eas
onabl etime,s et
ti
ngf ortht hereasonPay eer equestsanex tens i
onoftime,wit
hgoodc aus eshown.
Theacceptabil
i
tyofanys uchreques treceivedbyMak erfrom Payeeisc onditi
onaluponappr ovalbyMak er
.
I
ntheeventt
hisi
nst
rumenti
snotpr
esentedforpaymentwit
hinareasonabl
eperi
odoft
ime,andt
herehasbeennor equestf
or
anext
ensi
onofti
mewithgoodcaus
es hown,Payeetaci
tl
yconsentsandagreest
hatMakerhass
ati
sfi
ed/
dischar
gedthedebtcl
aimr
e
t
hisal
l
egedaccount
.
Payeetaci
tl
yc onsentsandagr eesthatPay eehasadutytopr
ev entt
hisdebtc lai
m/ monet
aryobl
igat
ionfrom damagi
ngMakeri
n
anyway,andthatPay eeconfessesjudgmentandMak err
eser
vest herighttoinit
iat
eac ount
ercl
aim agai
nstPayee,andf
il
eacl
aim
agai
nstthebondanyr esponsibl
eparty,i
nc l
udi
ngPayeeandallpri
ncipals
,agent s,andassi
gneeofPay ee,whose
act
s/omissi
onsresultintor
tdamagesagai nstMaker
.
Forquesti
onsregardingthisdraf
t,contactmakerbywri
tt
encorr
es pondenc e:
JOELBCI
TIZEN1234 Pl
ant
ati
onDr
iveMYCi
ty
,MYSt
ate[
12345]

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